David Reed (5) (1957–)

Mortgages 101 was written by a mortgage broker with decades of experience—and I could tell. I felt I could trust his insights into the mortgage process. This book was invaluable in my search for understanding of the mortgage process. After all, a house is the largest purchase I will have made up until this point in my life. I need to know what I’m doing before I sign all those papers. I felt David Reed helped me get to a point where I can begin the process.

You may be wondering how you show more could ever sit and read 200-pages of mortgage information. Trust me, this book was approachable. While Reed may be a mortgage broker, Reed also has a natural conversational tone in his book. It was great. (However, the publisher could have hired a proofreader; there were silly errors like sentences missing periods and what not. As a former proofreader, I was a bit irked.)More on my blog show less

Not a very deep book, but I was interested in seeing what the author had to say. Covers the territory from front to back, although a bit scornful of anything internet related (and to be fair - is pointing out that the user needs to be "savvy"). The most interesting chapters were Ch 5 Finding the Best Interest Rate and Ch 6 How to Save on Closing Costs. Also check for a reissue discount on title insurance (50%?).

A clear and simple guide to VA loans. The style avoids complicated terminology but explains the subtle choices in loan terms. Makes the process clear and give not-so-obvious advice to the home buyer. Recommended.

Like his precursor (Mortgages 101), Reed provided valuable insight into the mortgage process in this book. If you’ve already purchased before and you want some insider tips to getting a good deal on your home purchase or refinance, this book may help ease the pain out of the mortgage process with it’s easy tips.
More on my blog